Question
Plants, Inc. had sales of $200 million in 2019, and its cost of sales was $160 million in 2019. If sales are expected to grow
Plants, Inc. had sales of $200 million in 2019, and its cost of sales was $160 million in 2019. If sales are expected to grow at 10% in 2020, what would be there forecasted cost of sales in 2020 using the percent of sales method.
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
